What is a Poor 1 1799 Draped Bust silver dollar worth?

Market Analysis

This well-worn 1799 Flowing Hair dollar, graded PCGS Poor 1, sold for $528.75 at a March 2, 2014, Heritage auction.

It is rather unusual to find an 18th century coin that’s worn down to Professional Coin Grading Service Poor 1 condition without acquiring severe problems along the way.

This 1799 Flowing Hair dollar has virtually no design left on the reverse. However, the obverse has a strong date and, at $528.75, it represents an entry-level example of the Draped Bust dollar type. For reference, another example of a 1799 dollar in About Good 3 brought $763.75 at a 2013 auction, while one of the finest known of the type, graded Mint State 67, sold for $822,500 at Heritage’s Nov. 15, 2013, auction of selections from Eric P. Newman’s collection.

The Commission of Fine Artsâ recommendation for the Proof 2014 American Eagle platinum coin, left, brought outrage and derision at the Citizens Coinage Advisory Committee meeting. The CCAC recommended the design to the right.

The Commission of Fine Artsâ recommendation for the Proof 2014 American Eagle platinum coin, left, brought outrage and derision at the Citizens Coinage Advisory Committee meeting. The CCAC recommended the design to the right.

The Commission of Fine Artsâ recommendation for the Proof 2014 American Eagle platinum coin, left, brought outrage and derision at the Citizens Coinage Advisory Committee meeting. The CCAC recommended the design to the right.

The Commission of Fine Artsâ recommendation for the Proof 2014 American Eagle platinum coin, left, brought outrage and derision at the Citizens Coinage Advisory Committee meeting. The CCAC recommended the design to the right.

The Commission of Fine Artsâ recommendation for the Proof 2014 American Eagle platinum coin, left, brought outrage and derision at the Citizens Coinage Advisory Committee meeting. The CCAC recommended the design to the right.